Campbell Soup Company and Enel North America announced a 12-year virtual renewable power purchase agreement to support Campbell’s goals to reduce its greenhouse gas emissions (GHG).
Through the agreement, Campbell will purchase electricity and associated renewable energy credits from a 115 megawatt share of Enel’s Seven Cowboy wind project in Oklahoma, with the contracted expected to start in July 2023.
“Improving the sustainability of the agriculture and food value chain is important to Campbell,” explained Stewart Lindsay, Campbell’s Vice President, Corporate Responsibility and Sustainability. “Reducing emissions is a key part of this work, and the agreement with Enel North America provides a significant step forward in meeting our science-based emissions targets.”
Renewable energy credits retained through the agreement will reduce the company’s Scope 2 GHG emissions which enables it to make progress towards achieving its target of reducing its combined Scope 1 and Scope 2 GHG emissions by 42% by 2030. Using production from Campbell’s portion of the wind project means the renewable electricity is expected to avoid 191,000 metric tonnes of CO2 emissions every year; the equivalent of approximately 29% of Campbell’s fiscal year 2021 combined Scope 1 and 2 emissions.
“We are proud to support Campbell’s goal to create a more sustainable food system,” said Paolo Romanacci, Head of Enel North America’s renewable energy business, Enel Green Power. “This agreement demonstrates how food and beverage companies like Campbell can leverage clean energy solutions to achieve their emissions reduction goals, while also supporting the addition of new renewable energy to the electric grid.”
Located southwest of Oklahoma City, the Seven Cowboy wind project will have 107 turbines that are expected to generate over 1.3 terrawatt hours of energy each year, estimated to be equivalent to the electricity needs of over 120,000 US households.
Campbell continues its partnerships in other years, as earlier this year it announced, for the first time, its brand Goldfish’s partnership with Dunkin’ brought limited edition Goldfish Dunkin’ Pumpkin Spice Grahams to the market.
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